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Puerto Rican Treasury Department Aims to Tax NFT Sales
10.2.2022
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also...
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores
10.2.2022
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion
9.2.2022
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales...
Polygon Raises $450,000,000 Through Private Token Sales
8.2.2022
Polygon recently released an official post about raising sound 450 million dollars in its latest private sales round. The network conducted the private sale of its native token, Matic, where names like SoftBank, Sequoia Capital India, Tiger, Galaxy, Republic Capital, etc. offered support....
Social Commerce on Cardano: Meloot to Hold a Seed Sale on KICK․IO
7.2.2022
PRESS RELEASE. The world of e-commerce is rapidly transitioning to that of social commerce, where demand for products is driven by videos and posts from social media. Both brands and their consumers can benefit from advertising products through social media, with stronger sales and valuable...
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
7.2.2022
Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,”...
Metaverse Real Estate Sales Expected to Reach $1 Billion This Year
5.2.2022
Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major metaverse platforms, which surpassed $501 million last year, to double this year. $1 Billion Metaverse Real Estate Sales...
The Nintendo Switch Has Now Surpassed The Wii In Sales
3.2.2022
First launched in 2017, the Nintendo Switch has now sold more units than the Kyoto-based game company’s previous top home console, the Wii.“Sales [of the Switch] rising to the second-highest level ever, despite scarcity due to delays in production and distribution (especially in North America)...
Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage
2.2.2022
In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...
Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch
2.2.2022
PYR regained its bullish momentum after the launch of the Elysium testnet and the limited release of digital land plots in the VulcanVerse
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
29.1.2022
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin...
McDonald’s Jobs, Fed’s Triggers, ETH Changes, Diem Sales and 20 Crypto Jokes
29.1.2022
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Read More: McDonald’s Jobs, Fed’s Triggers, ETH Changes, Diem Sales and 20 Crypto Jokes
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens
28.1.2022
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like...
Running a Steam sales promotion: real numbers & data
26.1.2022
Ever transparent goodness from our friends in Guildford
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
25.1.2022
The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country
Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies
25.1.2022
As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets.
The agency said...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
Konami’s Castlevania Anniversary NFT Sale Raises Over $160K
17.1.2022
Konami, a Japanese game developer and software publisher, raised more than $160K in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of its most popular franchises. The end result contrasts with what...
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
16.1.2022
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across...
Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%
15.1.2022
On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile...